If you’re aiming to be a successful entrepreneur, there are a number of factors you would need to get right before you achieve all your goals. Believe it or not, the place where you live is actually a pretty major factor in determining your success as an entrepreneur, so if you think your startup or business isn’t booming as you thought it would, then maybe you’re just in the wrong city.
In this list, we’ve compiled the best cities to live in for budding entrepreneurs. If you’re seeking for fresh and new opportunities, then make sure to finish reading this list. Who knows? A change of scenery might just be the thing you need! Here are 15 of the best cities for entrepreneurs to live in (in no particular order):
1. Provo, Utah
If your business needs people to have an open mind, then pack all your belongings and make a home in Provo City in Utah. According to locals, the whole city is an open community to small business owners, and the cost of living is great especially for those who are just really starting out.
2. Austin, Texas
If you crave for a place where like-minded individuals and entrepreneurs grow, then join the community of Austin in Texas. Every year, the Texas capital hosts the SXSW Festival, an event where, according to its official website, “is an essential destination for global professionals, features sessions, showcases, screenings, exhibitions, and a variety of networking opportunities.” Oh, did I mention that Austin also has one of the greatest food scenes on Earth?
3. Palo Alto, California
Palo Alto is home to several successful business startups, which is why it’s not a bad idea to try and pitch your own business idea in the home of Stanford University. Apparently, all creative and intellectual people find their niche in this lovely city, so why not start your entrepreneurial journey there?
4. Charlottesville, Virginia
If you’re looking for a bustling city that is open to new ideas and startups without the usual hassles and distractions of a big city, then head on to Charlottesville in Virginia. The unemployment rate is in the city is very low, which is amazing. Also, the whole city is rich in culture that it’s almost impossible to live here and be bored.
5. Bellevue, Washington
For a young and thriving entrepreneur, Bellevue has everything you need and more. The people are friendly and creative, the amenities rival those of the bigger cities in the US, and everything is affordable and convenient. Also, the abundance of business talent is one of the main reasons why this city is perfect for entrepreneurs.
6. Salt Lake City, Utah
If you need just one reason why Salt Lake City is one of the best cities for entrepreneurs to grow, it’s because it placed on the seventh spot of Forbes’ Best Places for Business and Careers list. The odds for your startup to flop is very low in Salt Lake City, and the cost of living is affordable as well!
7. Berkeley, California
This California City is full of creative, open-minded people– a community that is essential for your entrepreneurial growth! Transportation affordability is also well reasonable, and the Bay Area music scene is just an ultimate bonus for living in the city.
8. Boulder, Colorado
According to a 2013 New Engine/Kauffman Foundation research report, the highest density of tech startup in the US is located in Boulder, Colorado. It’s one proof that picking this city as the base for your entrepreneurial journey is one of the best decisions you’ll ever make in your life. Basically, Boulder City is a startup hub, and everything you need for your business to thrive is right here.
9. Bloomington, Indiana
Bloomington is the ideal city to live in for budding entrepreneurs who are also active and love doing outdoor recreations. Housing options are also affordable in Bloomington, and the technology access is amazing. All work no play is not fun you know.
10. Fargo City, North Dakota
Fargo City is one of the most undervalued cities in the U.S. right now. The entrepreneurial opportunities in this lovely city are over the charts, with tons of conventions, meetups, and summits hosted in the city every year. This city is great for networking, and the locals are accommodating and friendly as well.
11. Brookings, South Dakota
You’ll find that all kinds of possibilities are well within range in this Midwestern town. The economy in this city is outstanding, and the people are known to be supportive of new and local businesses. Also, the city’s community is diverse, so it’s not hard pitching your business idea to different markets.
12. Minneapolis, Minnesota
Of course, in order for your business to thrive, it’s also essential to live in a healthy community. How can you work effectively if your job is based in a toxic workplace? Minneapolis City is hailed as one of the healthiest cities in the U.S., therefore it’s one of the most ideal cities to live in for entrepreneurs. Job prospects are also high in the city, and business opportunities are abundant.
13. White Plains, New York
Lots of big companies like Heineken, Mastercard, and IBM are based in White Plains, making this city a great hub for professionals and well-established businessmen. Granted, the amenities in this city are more upscale, but it complements the lifestyle of the people who live and frequent here. If this kind of vibe is just what you need for your entrepreneurial journey to succeed, then better move in quick.
14. New York City, New York
Of course, to those who really want to make it big, the Big Apple will welcome you with open arms. Living in this fast-paced city will help you grow not just as an entrepreneur, but an individual as well. NYC’s community is really diverse, and the locals are always keen to try out new things. Of course, the cost of living here is quite high, but it’s the price you have to pay for you to succeed in the city that never sleeps!
15. Portland, Oregon
Portland is hailed as one of the most suitable cities for entrepreneurs because it’s as if the whole atmosphere of this town is made for budding business owners and creative-minded individuals. The whole city also has all the amenities big cities usually offer, with the price cut down in half. All in all, one of the best cities to live in, entrepreneur or not.
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